In its corporate update, Tabcorp governance details that it expects ‘significant costs items’ in its interim report to increase to approximately AUS $91 million (£52 million), with the company absorbing Sun Bets exit payment during the forthcoming trading period.

News UK would issue the following statement regarding the closure of Sun Bets;

“The Sun is the number one newspaper and digital newsbrand in the UK and we have launched many successful brand extensions such as Sun Bingo and Dream Team. We are increasingly confident in the reach and power of the brand and will firmly remain in the betting and gaming business. We now look forward to executing our vision”.